News

Gold on track for best year in over a decade

Gold on track for best year in over a decade

By Rahul Paswan (Reuters) – Gold prices were little changed on Tuesday, the last trading day of an eventful year that saw the me..

Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt

Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt

MUNICH (Reuters) –     Siemens AG is reviewing its majority stake in medical technology subsidiary Siemens Healthineers,, the Ge..

Lilly’s Mounjaro more popular than Wegovy in UK’s private obesity drug market

Lilly’s Mounjaro more popular than Wegovy in UK’s private obesity drug market

By Maggie Fick LONDON (Reuters) – Britons paying privately for obesity drugs are increasingly choosing Eli Lilly’s Mounjar..

Macquarie-backed offshore wind developer Corio starts job cuts

Macquarie-backed offshore wind developer Corio starts job cuts

(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a s..

Explainer-COP29 – How does $300 billion stack up?

Explainer-COP29 – How does $300 billion stack up?

By Karin Strohecker and Simon Jessop BAKU (Reuters) – Countries agreed at the U.N.’s COP29 climate conference to spend $30..

Dollar rises after claims data, bitcoin continues rally

Dollar rises after claims data, bitcoin continues rally

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the la..

Economists see Russian inflation exceeding the central bank’s 2024 estimate

Economists see Russian inflation exceeding the central bank’s 2024 estimate

By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the ce..

Fox and Hulu announce multi-year content streaming partnership

Fox and Hulu announce multi-year content streaming partnership

(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled stream..

Investors lift US dollar, focus on Federal Reserve outlook

Investors lift US dollar, focus on Federal Reserve outlook

By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session dec..

LetterOne loses first UK national security appeal over forced broadband sale

LetterOne loses first UK national security appeal over forced broadband sale

LONDON (Reuters) -Russian oligarch-backed investment firm LetterOne lost its challenge to the enforced sale of a broadband provider on..

HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients

HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients

By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so..

Swiss bank EFG on course for record profit, CEO says

Swiss bank EFG on course for record profit, CEO says

ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss p..

Banks, construction shares lead rebound in Europe’s STOXX 600

Banks, construction shares lead rebound in Europe’s STOXX 600

(Reuters) – Europe’s main stock index opened higher on Wednesday after a three-session decline, as construction and bank s..

Italy’s Moltiply sole suitor for ProSieben’s e-unit Verivox, sources say

Italy’s Moltiply sole suitor for ProSieben’s e-unit Verivox, sources say

By Elvira Pollina and Amy-Jo Crowley MILAN (Reuters) – Italy’s Moltiply Group has emerged as the only bidder for German me..

Ryanair H1 profit falls 18% on lower fares, but price weakness moderating

Ryanair H1 profit falls 18% on lower fares, but price weakness moderating

By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended Septemb..

Oil climbs more than $1 on reports of Iran preparing strike on Israel

Oil climbs more than $1 on reports of Iran preparing strike on Israel

By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses,..

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

Harry Potter publisher Bloomsbury tracks ahead of FY24-25 expectations on fantasy-fiction demand

  (Reuters) -UK’s Bloomsbury Publishing on Thursday said trading in fiscal year 2024-2025 will be ahead of current expectat..

Adyen co-founder’s new firm Tebi raises $22 million to expand

Adyen co-founder’s new firm Tebi raises $22 million to expand

  By Toby Sterling AMSTERDAM (Reuters) – The co-founder of payments giant Adyen has begun scaling up his new business softw..

US tech firms to invest $8.2 billion in UK data centres

US tech firms to invest $8.2 billion in UK data centres

  LONDON (Reuters) – Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a comb..

Greece’s growth seen nearly unchanged in 2025, draft budget shows

Greece’s growth seen nearly unchanged in 2025, draft budget shows

  By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperformi..

England’s NHS to offer Lilly’s weight-loss drug to some patients

England’s NHS to offer Lilly’s weight-loss drug to some patients

  (Reuters) – England’s National Health Services will offer Eli Lilly’s weight-loss drug to nearly a quarter mi..

Labour’s move to tax private education leaves Britain divided

Labour’s move to tax private education leaves Britain divided

  By Sarah Young MALVERN, England (Reuters) – Mark Manwaring-White, 67, had been hoping to retire but a policy introduced b..

Saipem wins $4 billion contract from QatarEnergy

Saipem wins $4 billion contract from QatarEnergy

  (Reuters) – Italian energy engineering group Saipem said on Sunday it had won an offshore contract worth $4 billion from ..

UK’s National Grid to sell electricity system operator in $827 million deal

UK’s National Grid to sell electricity system operator in $827 million deal

  (Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK g..

Maersk says impact from Red Sea attacks continues to intensify

Maersk says impact from Red Sea attacks continues to intensify

  STOCKHOLM (Reuters) – The negative impact on maritime shipping and global supply chains from attacks in the Red Sea conti..

News

AI likely to weigh on oil prices over the next decade, Goldman says

AI likely to weigh on oil prices over the next decade, Goldman says

  (Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via impro..

French finance ministry warns deficit at risk on tax shortfall-media

French finance ministry warns deficit at risk on tax shortfall-media

  PARIS (Reuters) – France is at risk of running a substantially bigger budget deficit than planned this year if extra savi..

Sunk superyacht likely to cost insurers at least $150 million, experts say

Sunk superyacht likely to cost insurers at least $150 million, experts say

  By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) – Insurers of the Bayesian superyacht that sank this month, kill..

Flutter says it will appeal $330 million Georgia ruling

Flutter says it will appeal $330 million Georgia ruling

  DUBLIN (Reuters) – Irish betting giant Flutter Entertainment said on Thursday it plans to appeal a $330 million ruling ag..

Meyer Burger halts solar plant in Colorado, plans restructuring

Meyer Burger halts solar plant in Colorado, plans restructuring

  ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it ann..

BHP’s return to Argentina marks new hope for untapped copper mines

BHP’s return to Argentina marks new hope for untapped copper mines

  By Daina Beth Solomon and Divya Rajagopal SANTIAGO/TORONTO (Reuters) – A new incentive regime for mining in Argentina is ..

Europe’s Jupiter probe to stage daring lunar-Earth fly-by

Europe’s Jupiter probe to stage daring lunar-Earth fly-by

By Tim Hepher PARIS (Reuters) -European scientists were poised to attempt a first in orbital gymnastics late on Monday, tapping into t..

Morning Bid: Markets shift to holiday mood

Morning Bid: Markets shift to holiday mood

  A look at the day ahead in European and global markets from Wayne Cole It’s been a blessedly quiet start to the week in A..

Engineered Wood Siding Market Set for Robust Growth with a CAGR of 10.5%, Projected to Reach USD X Million by 2031

Engineered Wood Siding Market Set for Robust Growth with a CAGR of 10.5%, Projected to Reach USD X Million by 2031

The engineered wood siding market is expected to register a CAGR of approximately 10.5% from 2024 to 2031, reaching a market size of U..

Cordyceps Militaris Market Set for Robust Growth: Projected CAGR of 5%-8% from 2024 to 2031, Market Value to Reach Up to USD 171.38 Million

Cordyceps Militaris Market Set for Robust Growth: Projected CAGR of 5%-8% from 2024 to 2031, Market Value to Reach Up to USD 171.38 Million

The Cordyceps Militaris market is projected to experience significant growth in the coming years, with estimates suggesting a Compound..

Automotive Adhesion Promoter Market to Surge with a 12.8% CAGR, Projected to Reach USD 1.8 Billion by 2031

Automotive Adhesion Promoter Market to Surge with a 12.8% CAGR, Projected to Reach USD 1.8 Billion by 2031

The Automotive Adhesion Promoter Market is expected to register a strong growth trajectory, driven by the increasing demand for enhanc..

Acrylic Coatings Market Poised to Reach $260.5 Billion by 2031 with a Steady 5.5% CAGR, Driven by Versatility and Eco-Friendly Properties

Acrylic Coatings Market Poised to Reach $260.5 Billion by 2031 with a Steady 5.5% CAGR, Driven by Versatility and Eco-Friendly Properties

The global Acrylic Coatings Market, expected to reach $260.5 billion by 2031, is projected for steady growth with a CAGR of 5.5%. Acry..